Notable Monday Option Activity: BAC, MU, XOM
February 24, 2020 at 14:22 PM EST
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Bank of America Corp (BAC), where a total volume of 227,632 contracts has been traded thus far today, a contract volume which is representative of approximately 22.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 55.8% of BAC's average daily trading volume over the past month, of 40.8 million shares..